February 1

FATCA Intergovernmental Agreement Exposed as Bad Deal for ‘Partner’ Countries

U.S. Treasury official concedes promise of “reciprocity” falls short ‘IGAs’ no protection for firms, subject to cancellation by U.S. at will ABA: “no indication or evidence suggesting that the Treasury conducted the required due diligence for entering into such an automatic exchange” with Mexico Darth Vader: I am altering the deal. Pray I don't alter it any further. Lando Calrissian: [to himself] This deal is getting worse all the time! – from Star Wars: Episode V - The Empire S...

 

- Letter to Treasury Secretary Lew from Congressman Bill Posey

- Letter to Treasury Secretary Geithner from Senators Rand Paul, Jim DeMint, Mike Lee, and Saxby Chambliss